SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: PatiBob who wrote (4781)4/6/1998 5:08:00 PM
From: Joe Copia  Read Replies (1) of 34592
 
Average down means this:

you buy 100 shares @ $1. = $100
price drops and
you buy 100 Share @ $0.50 = $ 50

now you have 200 shares at an "averaged down cost of $.075

$175 divided by 200 shares.

joe PTG&LI !!!

allstocks.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext